Equity income and other trends

Equity income comes under scrutiny as market conditions force investors to look beyond the norm

This week's Conjecture looks at the popular unit trust sector of equity income. The panel consists of Hugh Yarrow, investment manager at Rathbone Unit Trust Management, Graham Ashby, managing director and head of UK retail equities for Credit Suisse, and Peter Fuller, director of research at Standard & Poor's. Do you feel that investors should still be holding equity income funds as a core holding or have they become more of a satellite holding? Hugh Yarrow (HY): This is the sort of question that is often asked after an asset class has had a pretty bad year. But equity income is not l...